Before the announcement of the US CPI, the probability of the Federal Reserve maintaining interest rates unchanged in March was 97%
According to CME "Fed Watch": The probability of the Federal Reserve keeping interest rates unchanged in March is 97.0%, and the probability of a rate cut by 25 basis points is 3.0%. By May, the likelihood of maintaining current interest rates remains at 67.0%, with a cumulative chance of a rate cut by 25 basis points at 32.1% and a cumulative chance for a rate cut by 50 basis points at just 0.9%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: Bitcoin is at a key support level; falling below the 365-day moving average may trigger a deep correction
ENSO to be listed on Bitget PoolX; lock BTC or ENSO to unlock 57,000 ENSO
Trending news
MoreCrypto prices
More
